Hello BP!First and foremost, hope everyone is staying safe during these strange times.I've been a long time lurker and a listener to the podcast and finally decided to create an account and become more active on this ...
Hi, my name is Steve. I am a Jr. High School teacher of Engineering and Technology. My wife and I own six units so far and our goal is to invest in both buy and hold and flip properties. We are looking in the Katy, Wa...
I have looked through the site but could not find the answer to my question. So here it is, Is Fair Market Value (FMV) the same as After Repair Value (ARV)?
I'm looking at a 9-plex for $650,000. Current income (with very below market rents) is $52,188 after expenses it is $38,855. I would put down 20% and get a commercial loan at 4.5% amortized to 25 years with a ten ye...
Hello, I'm looking to purchase my first home in the Seattle area market and understand with the expensive market that I'm in it would be hard to cash flow a property after I move out after 1 year. The intent in living...
Been thinking about this scenario for more than a year but after listening to podcast #679 my 2/1 duplex is smack in the middle between 2 major hospitals and would be a perfect candidate for a MTR. Tenant's month-to-...
I’ve looked to start investing in Scranton, PA. Scranton is a down market right now and has been definitely for the past 5 years and some may argue even 10. Due to this, Forbes has labeled Scranton one of the top 5 c...
I worked with a wholesaler that has a subsidiary lending company. I used them and I paid for a ARV appraisal to determine the amount borrowed. It looks like the appraisal was inflated for more than $40k on 2 propert...
Hello BP, I am considering selling my first buy & hold SFH investment for a better investment. I bought my first investment in late 2016 in Kyle, TX. It was a new contstruction - 1400sq ft. After PITI and HOA's...
I purchased a new primary residence in Asheville, NC in 2018, and the property included a 1-bedroom cottage. The cottage was an STR, in defiance of Asheville’s rules, and I immediately converted it to an MTR (i.e., fu...